1649 sqft | 4 beds | 3 baths | 0.12 acres | #TB8425374
Description
Prime Opportunity in Tampa’s Ybor Heights!
This updated property features a spacious 3-bedroom, 2-bath main home plus a detached 1-bedroom, 1-bath casita, offering outstanding flexibility and income potential. The casita currently rents for $1,505/month, while the main home has consistently brought in $2,400/month, delivering a proven 10% CAP rate—a rare find in today’s market.
The main home offers over 1,200 sq. ft. with vinyl flooring throughout, an open-concept layout, a large laundry room with exterior access, and two full baths including a newly renovated bathroom (2025). Major updates include a brand-new roof with hurricane clips (2025), updated HVAC (2022), and updated plumbing, giving buyers peace of mind for years to come. The detached casita comes with its own private entrance and a brand-new mini-split system (2024), making it perfect for rental income, guests, or multigenerational living.
Enjoy outdoor living with a welcoming front porch, fenced yard, additional storage shed, and ample parking. Situated in Ybor Heights, you’re just minutes from Seminole Heights, Ybor City, Downtown Tampa, Armature Works, and major highways.
Whether you’re a seasoned investor, first-time buyer looking to house hack, or a multi-generational household, this property offers unmatched value and income potential. Schedule your showing today before it’s gone!
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Water Connected
- InteriorCeiling Fans(s), Open Floorplan
- Property SubtypeSingle Family Residence
- SubdivisionFAIRFIELD SUB
- Sewer InformationPublic Sewer
- CountyHillsborough
- FoundationCrawlspace
- MLS #TB8425374
- MLS #TB8425374
- Property TypePurchase
- Original List Price$338,000
- Utility SourcePublic
- Taxes Annual$5,597
- Cost338000
- Exterior MaterialsOther
- Acres0.12
- Square Feet1649
- Year Built1925
- Days on Market (Cumulative)167
- Bedrooms4
- Bathrooms3
- Full Baths3
- Stories1
- Pets Allowed1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: {realtor_group_name}
Last Updated:Â . Source: SMLS
Provided By
Listing Agent: Tatum Peterson (#MFR261554751)
Listing Office: MCBRIDE KELLY & ASSOCIATES (#MFR776404)

Interested in Purchasing 1318 E LOUISE AVENUE?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.